Housing Wire

APRIL 22, 2024

Djon spoke on Sunday during a session on lead generation at The Gathering, HousingWire ’s real estate and mortgage conference, held in Scottsdale, Arizona. Djon Luxury Real Estate is expanding its sell-side business, training buyer-side real estate agents on the necessary contracts and selling their value to the consumer.

Brokerage 369

Brokerage Real Estate Realtors Real Estate Agent 369

Housing Wire

FEBRUARY 14, 2024

Analysts in the mortgage industry are projecting that 2024 will be a better year than 2023 across the board. In a HousingWire report , analyst firm Jeffries said that they believe the worst of the current mortgage cycle is behind us, and Moody’s forecasts that the Federal Reserve will decrease rates three or four times this year.

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Investors Modernization Insurance Mortgage 342

Housing Wire

NOVEMBER 8, 2023

Here’s a financial checklist that real estate agents and mortgage professionals should complete before the end of the year for more success and financial security in 2024. Here are a few to consider: Education: Costs for continuing education , training, books and conferences.

Advertising 442

Advertising Insurance Real Estate Agent Business 442

Housing Wire

APRIL 18, 2023

While a mortgage business’ battle against margin compression is seemingly endless, that fight is less noticeable in times of surging revenue. The decline in mortgage volume, along with increasing rates and uncertainty about the months ahead, have amounted to a scramble for revenue and a continual push to reduce expenses.

Mortgage 364

Mortgage Technology Business Investing 364

Housing Wire

JANUARY 18, 2023

Unlike HELOCs, reverse mortgages and jumbo reverse mortgages are designed specifically to help seniors manage their cash flow. They also offer senior homeowners more flexibility – most notably, through optional monthly mortgage payments 1. The borrower simply needs to pay taxes, insurance and keep up to date on home maintenance.

Insurance 408

Insurance Design Clients Business 408

Housing Wire

MAY 10, 2022

Eric Hill, an Atlanta real estate agent representing a nationwide homebuilder, had a plan to help more than 100 homebuyers get mortgages. In the end, some $850,000 in claims had to be paid on defaulted government-backed mortgages insured by the Federal Housing Administration (FHA). Million — [Tampa, Florida].

Mortgage 394

Mortgage Marketing Finance Insurance 394

Housing Wire

FEBRUARY 6, 2024

The three main categories of fraud impacting victims were seller impersonation fraud , fraudsters impersonating the title agency and tricking buyers to wire their down payment to a fraudulent account, and fraudsters impersonating lenders and sending title companies fraudulent mortgage payoff instructions.

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Real Estate Agent Real Estate Sellers Buyers 408

Housing Wire

AUGUST 25, 2022

But there’s another threat that Homepoint executives must worry about – United Wholesale Mortgage (UWM), the top dog in wholesale, has embarked on a strategy of heavy price cutting, forcing Homepoint and others to limbo to compete for business. Mortgage executives project that number to remain steady or even tick up in the third quarter.

Mortgage 396

Mortgage Loan Officers Finance Investors 396

Housing Wire

AUGUST 10, 2020

In its July 21, 2020, statement of charges, NYDFS alleged that First American Financial, one of the country’s largest title insurers, failed to properly respond to a security vulnerability on its website. Many mortgage lenders outsource the CISO function based on limited internal capabilities and capacity, as permitted by NYDFS regulations.

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Training Legal Mortgage Insurance 370

Housing Wire

NOVEMBER 10, 2022

Mortgage lenders have imposed new rounds of layoffs in the fourth quarter, reflecting a dreadful landscape for originators. . This week, the latest Freddie Mac weekly survey data showed that the 30-year fixed-rate mortgage increased to 7.08%, up 13 basis points compared to last week. Rates averaged 2.98% this time last year. “As

Mortgage 368

Mortgage Loan Officers Lending Business 368

Housing Wire

FEBRUARY 17, 2023

When you think about the current mortgage servicing landscape, it’s complex,” said Kristin Broadley, Chief Innovation Officer at QC Ally. You’re under constant scrutiny and constantly having to monitor and govern processes and practices to make sure that you are doing right by your clients.”

Government 314

Government Clients Training Insurance 314

Housing Wire

APRIL 12, 2022

Samson is so agent-centric, in fact, that its agents receive a 100% commission split and services like training, office desks, and help with marketing. In return, the Samson agent is asked – not told, asked – to refer clients to Cardinal Title Group , a title insurer wholly owned by Samson. “I This is no sure thing.

Brokerage 370

Brokerage Agents Real Estate Insurance 370

Housing Wire

AUGUST 23, 2023

” Better is partnering with other businesses to offer services such as homeowner’s insurance and to provide access to a network of real estate agents, rather than offering these products and services directly to borrowers. is expected to begin trading on the Nasdaq Stock Exchange on Thursday under the ticker symbol “BETR.”

Realtors 366

Realtors Technology Insurance Mortgage 366

Housing Wire

SEPTEMBER 16, 2021

At Mayer Brown, Kully advises clients in the consumer financial services and real estate settlement services industries in connection with federal and state consumer protection, licensing, and practice requirements. Kris Kully: I have been following the trending innovations in the mortgage origination process.

Finance 344

Finance Legal Development Training 344

Housing Wire

APRIL 19, 2022

The raison d’etre is the same whether you work as a mortgage loan officer at a depository bank or an independent mortgage bank – originate a purchase mortgage or refinancing for a client. Federal regulations mandate that nonbank LOs take training prior to being certified.

Training 366

Training Loan Officers Lending Mortgage 366

Housing Wire

MARCH 4, 2021

2021 is already shaping up to be a vastly different year than 2020 for the mortgage and real estate industry, and it’s not only because we’re entering a purchase market. This won’t only be true for the origination side of the mortgage transaction. Third, are there documented training and self-enforcement mechanisms in place?

Lending 419

Lending Law Loan Officers Clients 419

Housing Wire

APRIL 22, 2024

Check out Wise Pelican Typically, you’d mail the just sold letter to homeowners who live around a property you just helped your client to sell. Buyer’s agents who can find their clients a home that’s not even on the market are instant heroes. Send this letter to apartment complexes and past rental clients you’ve worked with.

Real Estate 375

Real Estate Open Houses Brokerage Real Estate Agent 375

Housing Wire

APRIL 22, 2024

Finding the most impactful events and groups may require some trial and error, but finding the right places to meet new potential clients and colleagues will be worth the investment. Buddy up with a mortgage lender, insurance rep, or real estate attorney and work the room together. Plan your energy for the day.

Real Estate 372

Real Estate Real Estate Agent Agents Training 372

Housing Wire

MAY 23, 2022

Home equity lenders are paying the fees, unlike a first mortgage transaction where fees are paid as part of closing costs, home equity lenders generally will pay the costs of the transaction for their borrowers. They’re still using legacy in-house technology for their loan origination system and their processes simply aren’t efficient.

Technology 352

Technology Clients Housing Market Training 352

Housing Wire

NOVEMBER 9, 2021

And the whispers of margin compression are again being heard across the mortgage industry. But it’s been a while since mortgage lenders had to really focus on being competitive in a more challenging purchase market. The title insurance industry, regulated at the state level, is a grand example.

Mortgage 327

Mortgage Clients Training Marketing 327

Housing Wire

OCTOBER 29, 2021

A small issue within the title process can have an impact on the length of the closing process, impacting mortgage lenders and borrowers. Luckily, the technology and infrastructure we had in place at ServiceLink kept our client service uninterrupted. Today, borrowers expect to close fast.

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Inspection Technology Clients Tools 308

McKissock

JULY 31, 2022

As a real estate agent, your goal is to help your clients feel more confident with their decisions and not have any buyers’ remorse. After stepping away from the bidding wars, and finally moving into their new homes, these clients feel that they might have paid too much. Provide clients with accurate market research.

Real Estate Agent 76

Real Estate Agent Clients Property Taxes Real Estate 76

McKissock

JANUARY 6, 2023

You should also consider non-QM lenders (non-qualified mortgage lenders). Aside from that, there are also private mortgage insurance (PMI) providers, like Radian, MGIC, or Genworth that may have open appraisal-related jobs. These types of assignments typically require specialized training and certification.

Appraisal 74

Appraisal Training Lending Land Management 74

Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. This is a lot different than 2008 where you needed a credit score and a heartbeat to get a mortgage. An additional 21% closed 1.5

Business 426

Business Mortgage Loan Officers Inventory 426

Appraisal Today

SEPTEMBER 22, 2023

They included appraisers, real estate agents, and someone with a week, a month, or online video training. An AMC can offer different levels to their clients, depending on how much reliability their lender customers want or need. Most of the inspection training we receive as appraisers happens in the field. That was my training.

Appraisal 89

Appraisal Training Inspection Real Estate 89

Housing Wire

FEBRUARY 14, 2022

Alipour gushed about Redfin’s training program, and she accessed maternity leave benefits other agents lack. And so, because of that, we had to make our agents independent contractors and terminate their pension plan and health insurance.”. They provided me training, and marketing, and covered mileage.”. Trust the process.

Business 369

Business Brokerage Real Estate Agent Agents 369

Housing Wire

FEBRUARY 26, 2024

Reverse mortgage loan originators all seem to agree that 2024 is off to a better overall start in business than a tepid 2023 might suggest. EquityAvail was launched in early 2021 , and is a single, fixed-rate mortgage that is fully disbursed at closing with a maximum amount of up to $4 million.

Marketing 383

Marketing Business Clients Training 383

Housing Wire

MARCH 12, 2024

Department of Housing and Urban Development (HUD) are a few key priorities related to the Federal Housing Administration (FHA) and its Home Equity Conversion Mortgage (HECM) program. Of that total, $220 billion is estimated for standard forward mortgages and $17.9 Within the congressional justifications for the U.S.

Mortgage 365

Mortgage Insurance Training Government 365

Housing Wire

APRIL 16, 2024

As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground. Working as both an LO and agent was a way to better serve his clients, he said. according to the company. according to the company.

Real Estate Agent 441

Real Estate Agent Loan Officers Real Estate Agents 441

McKissock

MAY 26, 2023

” The most popular answer was, “Offer your appraisal services to a variety of clients (attorneys, real estate agents, homeowners, property investors, etc.).” I’ve taken this opportunity to network and market to new clients, take additional courses, and work with mentors/coaches. It worked well at the time.”

Real Estate 64

Real Estate Appraisal Marketing Business 64

Housing Wire

JANUARY 29, 2024

Meanwhile, homeowners insurance is increasingly becoming a bigger issue for consumers and servicers. A recent Wall Street Journal article noted that in Florida some homeowners have seen their homeowner premiums triple in the last five years and in some communities these premiums are now higher than their mortgage payments.

Insurance 385

Insurance Real Estate Technology Clients 385

Housing Wire

AUGUST 2, 2021

Freedom Mortgage. Mortgage Investors Group. Atlantic Bay Mortgage Group. Mortgage Connect. VP, Purchase and Client Relations Operations. MISMO; Mortgage Bankers Association. VP, Sales Training. United Wholesale Mortgage. Senior Director, Product & Client Solutions. Movement Mortgage.

Insurance 397

Insurance Lending Realty Finance 397

Appraisal Today

JUNE 23, 2023

NOTE: Please scroll down to read the other topics in this long blog post on AVMs and AI, good appraisal book, Real estate market, Fannie, non-lender appraisals, unusual homes, mortgage origination stats, etc. Private Island for $22M in North Carolina Excerpts: Just 30 minutes from uptown Charlotte, Merancas Island is accessed by causeway.

Appraisal 89

Appraisal Real Estate Valuation Contracts 89

Housing Wire

JANUARY 13, 2023

Just two weeks into 2023, Guaranteed Rate ‘s top LO and managing director Ben Cohen has also seen an increase in inbound calls from buyers wanting pre-approval for mortgages. Read on for more about Cohen’s business strategies for 2023, his take on the housing market and what mortgage products to pay attention to this year.

Buyers 393

Buyers Housing Market Marketing Real Estate Agent 393

Housing Wire

OCTOBER 7, 2020

Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. Now, at WFG’s 10-year anniversary, this vision holds even more relevance.

Insurance 370

Insurance Real Estate Technology Loan Officers 370

Housing Wire

MARCH 15, 2024

In fact, there aren’t many mortgage lenders, builders or real estate brokerages that haven’t at least fleetingly entertained the notion. Good CRE title firms know their clients; understand their clients’ clients and know the markets where their customers operate. And why not? buyers and sellers) in a residential deal.

Brokerage 399

Brokerage Real Estate Investors Development 399

Housing Wire

JUNE 27, 2022

Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. About 40% of his business came from refis in the summer of 2021 even when his focus was on purchase mortgages his entire career. But the boom times are over, and he knows it.

Housing Market 431

Housing Market Marketing Brokerage Real Estate 431